Bank of Communications President Zhang Baojiang: Will continue the medium-term dividend policy

On March 27, People’s Financial News reported that the Bank of Communications held a board meeting on March 27 to review and approve the “2025 Annual Profit Distribution Plan.” Zhang Baojiang, Vice Chairman, Executive Director, and President of the Bank of Communications, stated at the earnings release conference held on the same day that the bank will continue its interim dividend policy, distributing a cash dividend of RMB 0.1684 per share (tax included) to all shareholders in the second half of the year, totaling a cash dividend distribution of RMB 14.88 billion. On this basis, along with the previously distributed interim dividend for 2025, the total cash dividend distribution for the Bank of Communications for the entire year of 2025 will be RMB 0.3247 per share, with a total cash dividend distribution of RMB 28.692 billion, accounting for 30% of the net profit attributable to the shareholders of the parent company and 32.3% of the net profit attributable to the ordinary shareholders of the parent company, maintaining a dividend payout ratio of over 30% for 14 consecutive years. It is understood that the specific dividend plan still needs to be submitted to the bank’s shareholders’ meeting for review.